Radius Residential Care Limited Ordinary Shares
RAD.NZXHealth Care
Radius Care is a New Zealand owned and operated company, established in 2003 to meet New Zealand’s growing demand for an aged care and associated health care services. Since then, Radius has become one of the leading specialist health care providers in New Zealand, with more than 20 locations nationwide. Early in 2010, chief executive and director Brien Cree led a management buyout of the company, which brought it back into New Zealand ownership from foreign investors. Brien's vision was to “bring some good old fashioned Kiwi values and standards” back into the aged care sector, and to make Radius Care the best aged care provider in the country.
Market Data
$0.405
-0.0%$114.8M
12.2x
$0.033
7.45%
+0.0%
Latest Earnings
Radius Care Releases 2026 Annual Report
29 June 2026
Radius Residential Care delivered strong FY26 results for the year ended 31 March 2026, with total revenue up 14% to NZD 202.3M and net profit after tax (attributable to owners) up 34% to NZD 9.5M. Underlying EBITDA grew 17% to NZD 27.4M while EBITDAR per bed reached a sector-leading NZD 31.1k, supported by 94.9% occupancy and disciplined cost management. The company is pursuing an ambitious growth pipeline targeting 20 new care homes over the coming years, backed by a capital-light development model. Key points: Total revenue grew 14% to NZD 202.3M and net profit before tax surged 37% to NZD 14.3M, demonstrating strong operational leverage.; Underlying EBITDA increased 17% to NZD 27.4M and EBITDAR per bed rose 11% to a sector-leading NZD 31.1k on a like-for-like basis.; Available Funds From Operations (AFFO) rose 44% to NZD 12.7M, supporting dividend growth; total FY26 cash dividends of 2.2 cents per share represent a gross yield of 8.0%.
Recent Announcements
Notice of Annual Meeting and Investor Session
Radius Residential Care Limited (NZX: RAD) is holding its 2026 Annual Shareholders' Meeting on August 6, 2026, to vote on four ordinary resolutions: authorizing auditor remuneration for Baker Tilly Staples Rodway, and re-electing directors Mary Gardiner, Hamish Stevens, and Thomas Wilson. An investor session with senior leadership will follow the meeting to discuss growth initiatives and future strategy.
Radius Care Releases 2026 Annual Report
Radius Residential Care delivered strong FY26 results for the year ended 31 March 2026, with total revenue up 14% to NZD 202.3M and net profit after tax (attributable to owners) up 34% to NZD 9.5M. Underlying EBITDA grew 17% to NZD 27.4M while EBITDAR per bed reached a sector-leading NZD 31.1k, supported by 94.9% occupancy and disciplined cost management. The company is pursuing an ambitious growth pipeline targeting 20 new care homes over the coming years, backed by a capital-light development model. Key points: Total revenue grew 14% to NZD 202.3M and net profit before tax surged 37% to NZD 14.3M, demonstrating strong operational leverage.; Underlying EBITDA increased 17% to NZD 27.4M and EBITDAR per bed rose 11% to a sector-leading NZD 31.1k on a like-for-like basis.; Available Funds From Operations (AFFO) rose 44% to NZD 12.7M, supporting dividend growth; total FY26 cash dividends of 2.2 cents per share represent a gross yield of 8.0%.
Radius Care Annual Meeting and Director Nominations
Radius Care (NZX: RAD) announced its Annual Meeting of Shareholders will be held on 6 August 2026 in Auckland, and opened a nomination period (closing 22 June 2026) for shareholders to nominate director candidates who must be accompanied by written consent and a CV.
Radius Care Completes Karori Acquisition
Radius Care (NZX: RAD) has completed the acquisition of Karori, a 90-bed and 14-unit care home in Wellington providing hospital and dementia level care. This is Radius Care's 25th care home and its first in Wellington, expanding its national aged care footprint.
Radius Care Syndicates Loans, Reduces Financing Costs
Radius Residential Care Limited (NZX: RAD) has established a lending syndicate with ASB Bank and Bank of China (New Zealand), extending its debt facilities to 30 June 2029 with increased limits of $30m and reduced margins of 65 basis points to support the acquisition of its 25th care home in Karori and development in Belfast, Christchurch.
Ongoing Disclosure Notice
Bret Paul Jackson, Independent Director of Radius Residential Care Limited, disposed of 400,000 ordinary shares on 18 May 2026 through Takatimu Investments Limited, reducing the holding from 4,617,783 to 4,217,783 shares, with total consideration of $163,592.
Radius Care Reports Earnings Growth and 50% Higher Dividend
Radius Residential Care (NZX: RAD) delivered a record full-year result for FY26 (year ended 31 March 2026), with NPAT up 34% to $9.5m and Underlying EBITDA up 17% to $27.4m, driven by strong occupancy of 94.9%, improved bed mix, and lower financing costs. Revenue grew 14% to $202.3m while operating cash flow rose 25% to $25.1m. The Board declared a final dividend of 1.2 cents per share (fully imputed), up 50% on the prior year, and guided for continued underlying growth in FY27, boosted by the upcoming Karori Village acquisition. Key points: Profit Before Tax rose 37% to $14.3m and NPAT rose 34% to $9.5m — record earnings since listing; Underlying EBITDA grew 17% to $27.4m with EBITDAR per occupied care bed (same-site) up 11% to $31.1k; Revenue increased 14% to $202.3m and operating cash flow surged 25% to $25.1m — both records
Radius Care to Release FY26 Results on 13 May 2026
Radius Residential Care Limited (NZX: RAD) will release its FY26 results on 13 May 2026, with a virtual briefing at 10:00am NZST hosted by senior management including Founder and Executive Chair Brien Cree, CEO Andrew Peskett, and CFO Jeremy Edmonds.
Radius Care Expansion Continues with Care Home Acquisition
Radius Residential Care Limited (NZX: RAD) has agreed to acquire Karori Village, a 90-bed care home in Wellington, for $13.6 million, representing the company's 25th care home and expanding its national aged care footprint with settlement expected in late May 2026.
SPH Notice - Windhaven Care Holdings Limited
Windhaven Care Holdings Limited changed substantial holding from 4.98% to 5.47%.
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